Twitter is adding Bitcoin tip after a turbulent week for crypto markets


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Crypto at a glance

It was a week when Bitcoin and other cryptocurrencies once again seemed trapped in lockstep with traditional markets, prone to the same supply chain shocks and economic mismanagement as the S&P and other indices.

But as the week draws to a close, a timely reminder to zoom out and see the bigger picture courtesy of Bull of Bulls, Twitter CEO Jack Dorsey.

The week started on a sour note as the Evergrande saga threatened to plunge the global economy into chaos – and drag Bitcoin with it. As the real estate giant’s debt problem spread like squid ink in a bucket of water, it rekindled the specter of market crash last year when Covid-19 lockdowns hit the world and Bitcoin plunged from $ 8,000 to $ 5,000 in a matter of hours.

The cryptocurrency seemed inexorably tied to the fate of the broader markets for months, seemingly ending the tale of “keeping value” until it finally broke out and began its steady rise to the levels we see today. The levels, which plummeted from $ 47,000 to $ 42,000 on Monday, seem like such a big deal, despite the fact that the price is still up more than 300 percent around that time over the past year.

But this Thursday we received an excellent reminder that while it is easy to fixate on short-term price movements, it is a long-term investment and people with real vision around the world are building a financial future with Bitcoin at their center.

After months of reporting from Jack Dorsey, Twitter announced yesterday that it is adding the ability to tip other users with Bitcoin with immediate effect. Users all over the world can also publish their Bitcoin wallet directly on their profile.

Dorsey has long been one of the biggest proponents of Bitcoin, with payment giants Square and CashApp adding cryptocurrency to their offerings last year.

In the past, Dorsey has said that cryptocurrency has the power to “unite the world” and bring about world peace.

“Remember to Zoom Out” has been overused to the point of becoming a cliché of the bitcoin bull’s desperate reputation when markets collapse. But if world peace isn’t the kind of bigger picture you want to zoom out and see, with the likes of Jack Dorsey building it, it’s hard to know what it is.

The Crypto AM London Blockchain & DeFi Summit and the Crypto AM Awards 2021

day one takes place on ETC Fenchurch Street, where the four Crypto AM City of London Roundtables are held so that delegates can meet and network with one another and learn from great discussions and conversations.

Day two the summit day (streaming and live audience) will be held at the Leonardo Royal Hotel, St.

For lecture opportunities, partnership packages or participation (tickets are strictly limited and on request) please send an email to: [email protected] Use the subject line ‘CRYPTOAM SUMMIT’.

Summit and price announcements

Crypto AM Awards 2021 judges announced

Crypto AM is proud to announce Luno as a gold partner

Crypto AM is proud to announce Cudos as a gold partner

Crypto AM is proud to announce MELD as a Gold Partner

Crypto AM is proud to announce Umbria Network as a silver partner

Would you like to help spread the introduction and formation of Bitcoin in the UK and even pile up some sats while you do so? Well now you can!

the Bitcoin pioneers Community, supported by Barry Silberts Digital Currency Group, was formed to bring Bitcoin to a mainstream audience in meaningful ways and now has members across the UK.

We share tips, stories, and ideas on how to encourage others to try Bitcoin for the first time. And thanks to Luno’s support, every pioneer receives £ 500 a month of Bitcoin to share with beginners to help them get started.

So, if you’re passionate about Bitcoin, why not join today? Click here to find out more!

All feedback on Crypto AM Daily in collaboration with Luno is welcome by email at [email protected] 🙏🏻

Yesterday Crypto AM Daily in collaboration with Luno

Bitcoin price

In the markets

The bitcoin economy

* For definitions and insights, see https://bytetree.com/insights/

Total crypto market capitalization

The total capitalization of the entire cryptocurrency market at the time of writing is currently $1,971,544,991,943.

What Bitcoin did yesterday

We got yesterday, September 23, 2021, for the price of. closed $ 44,895.10, away $ 43,574.51 the day before. The daily high was $ 44,942.17 yesterday and the daily low was $ 43,109.34.

Around this time last year, Bitcoin price closed the day at $ 10,760.07. In 2019, it closed at $ 8,620.57.

Bitcoin market capitalization

Bitcoin’s market capitalization at the time of writing is $ 832.73 billion. To put it in context, gold’s market cap is $ 11.144 trillion and Facebook is $ 975.41 trillion.

Bitcoin volume

The total spot trading volume reported by all exchanges in the last 24 hours was $ 33,141,297,653, from $ 37,199,291,459 yesterday. High volumes may indicate that a significant price move has stronger support and is more likely to be sustained.

volatility

Bitcoin’s price volatility over the past 30 days is 53.89%.

Fear and greed index

The market sentiment is today 33, still in fear.

Bitcoin’s market dominance

Bitcoin’s market dominance is today 41.62, down from 41.43 yesterday, the lowest dominance ever recorded was 37.09 on January 8, 2018.

Relative Strength Index (RSI)

The daily RSI is currently 46.71, from 46.34. Values ​​of 70 or above indicate that an asset is overbought and may be prepared for a trend reversal or price correction – an RSI of 30 or below indicates an oversold or undervalued condition.

Convince your Nan: Soundbite of the day

“Bitcoin changes absolutely everything. I don’t think there is anything more important in my life that I could work on. “

Jack Dorsey, Bitcoin Supremo

What they said yesterday

Future of payments?

Build it and they will come …

Chill, Busta …

Crypto AM: Editor’s Choice

Cardano promises “industry-defining announcements” at its biggest summit of all time

Cardano says it will make some
(Getty Images)

Binance investigated on suspicion of insider trading

Changpeng Zhao Binance CEO
(Getty Images)

Cardano Alonzo Upgrade sees 100 smart contracts in the first 24 hours

Cardano coin
(Getty Images)

Morgan Stanley creates new research team led by Sheena Shah

Morgan Stanley
(AFP via Getty Images)

Bitcoin can now be bought with the Post Office app

Royal Mail undecided on further mail closures
(Getty Images)

Simon Nixon urges Seek Ventures to increase Bitcoin investments

Bitcoin cracks $ 50,000 as magical Monday gives cryptocurrencies a green start to the week

Gibraltar hosts the first international crypto event after the pandemic

Krypto AM: features

Krypto AM: Spotlight

Crypto AM: Founder Series

Crypto AM: Industry voices

Krypto AM: Contributors

Crypto AM: In conversation with James Bowater

Crypto AM: Tomorrow’s Money with Gavin S Brown

Crypto AM: Mixing in the Metaverse with Dr. Chris Kacher

Crypto AM: Visions of the Future, Past and Present with Alex Lightman

Crypto AM: Tiptoe through the Crypto with Monty Munford

Crypto AM: Get a byte out of digital assets with Jonny Fry

Crypto AM: Parliamentary Special Offer

Part one of two – April 2021

Part two of two – April 2021

Five-part series – March 2021

Day one…

Day two …

Day three …

Day four …

Day five …

Crypto AM: Events

For everyone who missed the Crypto AM DeFi & Digital Inclusion Online Summit 2021 – you can now follow the event in two parts on YouTube:

Part One…

Second part…

Warning notices

It is certainly tempting to get carried away with the excitement, but please heed this warning: do your own research, invest only what you can afford, and make good decisions. Hopefully the indicators included in this article will help with that. However, do not forget The content of this article is provided for informational purposes only and does not constitute investment advice or any form of recommendation or invitation. City AM, Crypto AM and Luno always advise you to seek your own independent financial advice before investing or trading in cryptocurrency.

All information is correct as of 8:00 AM BST



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